Sinn Féin Mayor of Limavady, Sean McGlinchey has announced “yet another positive economic development” just two weeks after news that a new factory would be built in Foreglen creating 40 new jobs.
Councillor McGlinchey said he was “delighted” to announce one of his constituents is to set up a new business in the Benedy, just outside Dungiven creating 12 new jobs.
“The business will develop a specialist niche market for bespoke pallets. They have already identified tremendous export opportunities. We have been supporting them for some time with the planning application and advising about available grant aid,” he said. “Six weeks ago I launched a Mayor’s Economic Initiative to bring together all stakeholders in the borough. This will include all councillors irrespective of party affiliation, the council economic officers and I will also be reaching out to local business, bank officials and firms of accountants and local Invest NI client executives.”
Mayor McGlinchey said there is a limit to what elected representatives can do “but we can help”.
“We can do more and I am determined to do more,” he said. “There is support out there. Invest NI recently launched the Short Term Employment Scheme (STES scheme) which has now been developed into the Emergency Jobs Fund. Their GAP fund will finance 40% of a Key Workers salary for a year and 40% of marketing activity for two years. In terms of direct support for capital expenditure the Rural Development Programme (RDP) is open until 2013 and the local allocation is £18.6 million. There are plenty of opportunities out there and we need to get that message out in the public arena.”
Sinn Féin MLA Cathal ÓhOishin said he’s “delighted” with the progress in the Roe Valley area.
“I am very pleased to support the Mayor’s Economic Initiative. We have already had two major breakthroughs and we are working on an even more exciting project which, is at present, commercially sensitive, but I would expect Mayor McGlinchey will be making an announcement before Christmas.
“As regards the 40 job project in Foreglen, most of the legal work is now complete on the world wide patents.”